Buy USD/CHF – 1H – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) jumps from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance level at 0.78763 will persist.

Caution: A possible counter-trend in the direction of the support zone at 0.78316 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.78763 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.78763 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.80108
2nd High 0.79339
Next High 0.78763
Current Price 0.78647
Next Low 0.78316
2nd Low 0.77918
3rd Low 0.77826

0.78763 – 0.78733 – 0.78585 – 0.78316 – 0.77918 – 0.77826 —
0.78700 – 0.78643 —
51.762719225445 – 44.022714977058 —
– —
0.78763 – 1777024800

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